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- China reaffirms commitment to growth policiesThu, May 24, 2012Economy
- World Bank cuts China forecastWed, May 23, 2012The World Bank cut its economic growth forecast for China this year to 8.2 per cent today and urged the country to rely on easier fiscal policy that boosts consumption rather than state investment to lift activity.
- China will buy dairy 'til cows come home - but don't expect investmentWed, May 23, 2012China doesn’t figure as a foreign direct investor in Europe, never mind Ireland. Beijing accounts for just 1 per cent of FDI
- British car industry gets the lead out
Wed, May 23, 2012After withering for decades, British car manufacturing is returning to something resembling the good old days – albeit with foreign owners and vastly changed work practices - OECD says EU crisis worseningTue, May 22, 2012Global recovery could be derailed by the euro crisis, the Organisation for Economic Co-operation and Development (OECD) warned today.
- Reckless bankers are never short of friends in high placesTue, May 22, 2012 ECONOMICS: SOMETIMES IT’S hard to explain why we need strong financial regulation – especially in an era saturated with pro-business, pro-market propaganda.
- Upbeat start to the year for Asian economiesTue, May 22, 2012 ASIA BRIEFING: SOME OF Asia’s lead economies have reported an upbeat start to the year, including regional giant Japan. However, sluggish growth in China and fears that a weak Europe would damage exports from the region have cast a pall over the data.
- China trumps India to lead oriental gold rushTue, May 22, 2012 ASIA BRIEFING: THERE ARE strong cultural and religious reasons why India has traditionally been the world’s biggest buyer of gold, but China is poised to overtake the subcontinent this year as its biggest source of demand.
- 'Talent crunch' holds back CEOsTue, May 22, 2012 ASIA BRIEFING : CHINA MAY have a talent pool of 1.3 billion people to draw on, but finding staff with the right skills isn’t always easy, Chinese CEOs say in a new report by PricewaterhouseCoopers (PwC). Skillsets could prove to be a potential game-changer for the growth prospects of Chinese firms.
- UN nuclear chief in Iran for talksMon, May 21, 2012THE UN’S nuclear supervisor flew to Tehran yesterday voicing optimism he could reach a deal to investigate suspected atom bomb research – a possible breakthrough that Iran may hope could help ease western sanctions pressure and deflect threats of war.
- Pakistan blocks Twitter access over Muhammad imagesMon, May 21, 2012PAKISTAN’S RAMBUNCTIOUS Twitter users were briefly silenced yesterday after the government closed the site amid fears blasphemous pictures might be circulated.
- G8 growth team win in austerity v stimulus debate
Mon, May 21, 2012“OUR IMPERATIVE is to promote growth and jobs,” began the final statement by the leaders of eight of the world’s richest countries at the G8 summit at Camp David. - America's destiny still largely in its own handsWed, May 16, 2012 ECONOMIC COMMENT : WHAT WILL be the role of the US in the 21st century? This is a question I rashly agreed to address last week at the Carnegie Council in New York. In analysing it, I considered a closely related issue that also exercises Americans: is the future role of the US in its own hands? The answer is: yes but only up to a point. The US can control what it does. But it cannot control what others do.
- Thank you, JPMorgan, for proving banks need regulationTue, May 15, 2012ONE OF the characters in the classic 1939 film Stagecoach is a banker named Gatewood who lectures his captive audience on the evils of big government, especially bank regulation. “As if we bankers don’t know how to run our own banks!” he exclaims. As the film progresses we learn Gatewood is, in fact, skipping town with a satchel full of embezzled cash.
- New hunger for pork products as China hogs the marketTue, May 15, 2012Irish pork exports are growing rapidly and, last year, were the country’s second most important export to China
- Gearing up for growth
Tue, May 15, 2012CHINA IS well known as a manufacturing hub, but innovation and original ideas are concepts the government is keen to foster as it tries to move industry up the value chain. - China needs to be on the money with reform of its financial systemTue, May 15, 2012A POWERFUL theme emerging from the past few turbulent months in China’s political life has been the view that fundamental reform is necessary if the economy is to continue to expand.
- Lower growth figures in China raise doubts about recoveryFri, May 11, 2012BOTH CHINA’S import and its export growth came in lower than expected in April, raising doubts about the strength of the economic rebound in the world’s second largest economy.
- Slowdown in China importsThu, May 10, 2012China's headline growth in imports unexpectedly stalled in April and exports were weaker-than-expected, raising doubts about the strength of the rebound in the world's second-biggest economy.
- Top official believes Fed should not start raising interest rates yetWed, May 9, 2012The US Federal Reserve should not start raising interest rates yet, a top Fed official known for his hawkish views on inflation said yesterday . “I’m not yet ready to advocate an exit strategy,” Dallas Federal Reserve Bank president Richard Fisher said after a speech on the Texas economy in Dallas. “We have to stop accommodating first.”
